Lease commitments are generating interest among local developers for the proposed large-scale East Lansing redevelopment project known as
City Center II.
According to excerpts from the article:
A lease, set to begin in 2013,
was signed by the Greater Lansing Convention and Visitors Bureau and
two letters of intent have been signed by a national bank and a large
Italian concept restaurant, said Scott Chappelle, president of
Strathmore Development Co., the developer of the project.
City Center II is a $116.4 million mixed-use project slated to be developed
on the corner of Abbot Road and Grand River and Evergreen avenues.
Although
financial backing will remain the foremost question in the
development’s progression, the signings are a good omen, East Lansing
City Councilmember Roger Peters said.
Read the full article
here.
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